As the Infotag, chairman of the holding Pinchevsky Alexander said at a press conference that construction began in 2008, the company Alimcom, which went bankrupt in 2009 and work was suspended.
Related article: Review of the suburban real estate market for 1 half of 2010"Because of this, all ownership rights over the apartment complex went to Victoriabank, whom we, as a result of the auction, and bought them. We can say that he was reborn, in addition, also received a new meaningful name - Renaissance City, - said Pinchevsky, who believes that this town - the first of its kind in Moldova.
He said that for those who previously made money in its construction were made certain discounts in order to protect their interests.
According to him, a residential complex occupies 3.15 hectares, which accommodated 54 homes Premium. All of them are provided with the necessary infrastructure for full sustenance: water and sewer system, heating system, air conditioning, electricity, gas, cable TV, telephone and Internet. Tenants will be separate yards. Land area - 6.4 hectare.
The residential complex is built up cottages of two types: the two houses of type «A» with the total area to 305 m2, 32 houses of type «B» (250 m2), five cottages type «C» (180 m2) and 15 houses of type «D» (blocked - to 194 m2).
In the first phase scheduled for commissioning houses simultaneously with the completion of the landscaping and driveways. In the second stage - the construction of commercial space, representing a 2-3-storey building to the grocery store, bank branch, pharmacy, beauty salon, car wash, tire store.
CEO Basconlux, the general contractor of the residential complex of Nicholas Madan assured that construction work will be completed on schedule, adding that the construction using the best materials.
Housing will be commissioned in the so-called "white" version - interior and exterior and yard prosper contractor. At the request of customers, apartments can be put into operation and the key.
Director of Sales Department Holding Elita 5 Dragos Hincu said that pricing would be flexible and depend on the first installment paid. Minimum price - 900 euros per m2.
"In collaboration with our partner, Victoriabank, we develop for our clients' loan program. Already signed seven contracts of sale of cottages, 15 more are in the process of signing. We hope that most homes will be sold after the commissioning of residential complex "- said Hincu.
According Pinchevsky, the total investment cost of the project is 150 million lei.
"We are already seeing increased interest of citizens to purchase these houses. Gradually, people change their minds about how they want to live. We are trying to develop a taste for luxurious living of citizens and a new style of life "- Pinchevsky said, adding that he intends to build in Moldova and other residential complexes of this type.
Asked about the likelihood of lower prices on these homes because of financial and economic crisis, he replied that the experts' forecasts decline in prices in the near future is expected.